Central Cross Country Skiing Foundation

Analysis

Central Cross Country Skiing Foundation is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Central Cross Country Skiing Foundation reported income of $350k and spending of $65k, leaving 81% of income unspent that year. Across the 3 years on record, from March 2021 to March 2023, income grew from $301k to $350k (+16%), an average of +7.7% a year. The sharpest change came in the year to March 2022, when income rose by 216%. Over the whole period it spent 11% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Central Cross Country Skiing Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within WI. Charities of a similar size with the same main cause include University of Nebraska Lincoln Sport Clubs Council Inc ($350k), Green Is the New Blue Inc ($350k) and Pridefest ($350k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.8m against liabilities of $401k, net assets of $1.4m.